Overview

• A White House official confirmed Tuesday that Brian Quintenz is no longer the president’s nominee to chair the Commodity Futures Trading Commission.
• Quintenz, a former CFTC commissioner and a16z crypto’s global head of policy, said the process was an honor and that he will return to the private sector.
• His nomination never reached a vote in the Senate Agriculture Committee after a June confirmation hearing.
• Quintenz recently shared messages with Cameron and Tyler Winklevoss and alleged they urged the president to pause his confirmation.
• Republican Commissioner Caroline Pham is serving as acting head, and reporting indicates the White House has been vetting alternatives, including Josh Sterling, Michael Selig, and Tyler Williams.